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11 Baths

$1,599,000

5062 W Washington Boulevard, Los Angeles CA, 90016

Price per sqftN/A
Property typeResidential

Overview

Active

Listed Aug 1, 2026

Updated Aug 9

Exceptional value-add and redevelopment opportunity in the heart of Mid-City Los Angeles. Situated on an approximately 8,452 SF LAC2-zoned lot, this property is currently improved with a vacant 11-room motel and offers a wide range of future possibilities. Located within an Opportunity Zone and TOC Tier 1, the site may offer attractive redevelopment potential, subject to buyer's independent investigation and verification with the City of Los Angeles. The property features convenient alley access, providing flexibility for site planning, parking, and future improvements. Ideally positioned near Culver City, Miracle Mile, Mid-Wilshire, Downtown Los Angeles, Metro transit, major freeways, shopping, dining, and employment centers. This centrally located property presents an excellent opportunity for investors, developers, owner-users, or those seeking a long-term investment in one of Los Angeles' most dynamic growth corridors.

$10,638/mo

Est. mortgage payment based on a $1,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26867059

Interior Features

Bathrooms
11
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

View
Yes
55+/Senior Community
No

Listed by Erica Sook Jung, Dream Realty & Investments Inc, CA DRE 01891150

Listing Contact: 213-221-9318 

Based on information from the CRISNet MLS as of 8/9/2026, 3:26 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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